Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$549,601$549,601$598,410
Remaining term (yrs)27.127.130.0
Secondary amount$0$48,809$0
Funding fee$0$0$0
Note rate7.79%7.79%7.24%
Blended rate8.34%8.394%7.48%
1st payment$4,060.37$4,060.37$4,078.15
2nd payment$0.00$366.07$0.00
Taxes / mo$157.75$157.75$157.75
Insurance / mo$166.67$166.67$166.67
MI / mo$258.77$258.77$119.68
HOA / mo$0.00$0.00$0.00
Total monthly$4,643.56$5,009.62$4,522.25
Cash to close$115,299$66,490$66,490